Uzbekistan: AGMK reveals results of implementation of localization program in H1 2025

In the first half of 2025, the Almalyk Mining and Metallurgical Plant (AGMK) fully completed all the tasks provided for by the localization program. In particular, within the framework of 100 projects, products worth 629.2 billion sums were manufactured, which was 102.2% of the forecast figure (615.9 billion sums). The effectiveness of import substitution is…

Uzbekistan: AGMK begins construction of new lime plant

On February 25, the construction of a new lime plant was officially launched in Jizzakh region as part of an investment project for the development of the Yoshlik-I deposit. The groundbreaking ceremony was attended by AGMK leadership, representatives of the Jizzakh regional administration, official delegates from the contracting organization and industry veterans. The new plant…

Uzbekistan: Sustainable Fitch assigns AGMK ESG entity rating of 3

Sustainable Fitch has assigned JSC Almalyk Mining and Metallurgical Complex (AGMK) an ESG Entity Rating of 3 and an entity score of 56. This reflects the company’s sustainable development strategy and good governance and environmental profiles, balanced against the inherent environmental challenges of the mining and metallurgical sector. The assessment includes the company’s eligibility and…

Uzbekistan: AGMK exports $29 million worth of products in January 2025

In January, Almalyk Mining and Metallurgical Combine (AGMK) exported products worth $28.8 million. The company shipped 2,700 tons of copper products to foreign consumers, exceeding the forecast by 8.4%. Zinc exports totaled 1,500 tons, surpassing projections by 19.3%, with a growth rate of 153.5% compared to the same period last year. A notable increase was…